Broderick Brian C Has $8.52 Million Position in Eli Lilly and Company $LLY

Broderick Brian C increased its position in shares of Eli Lilly and Company (NYSE:LLYFree Report) by 12.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,268 shares of the company’s stock after buying an additional 1,052 shares during the quarter. Eli Lilly and Company accounts for about 1.6% of Broderick Brian C’s portfolio, making the stock its 22nd biggest holding. Broderick Brian C’s holdings in Eli Lilly and Company were worth $8,524,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Decker Wealth Management LLC acquired a new position in Eli Lilly and Company during the first quarter worth $15,856,000. Eaton Cambridge Inc. increased its stake in Eli Lilly and Company by 20.4% in the 1st quarter. Eaton Cambridge Inc. now owns 874 shares of the company’s stock valued at $804,000 after buying an additional 148 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. increased its stake in Eli Lilly and Company by 60.0% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 40 shares of the company’s stock valued at $37,000 after buying an additional 15 shares during the last quarter. S&CO Inc. lifted its position in Eli Lilly and Company by 6.5% during the 1st quarter. S&CO Inc. now owns 21,519 shares of the company’s stock worth $19,792,000 after buying an additional 1,310 shares in the last quarter. Finally, Momentum Wealth Planning LLC bought a new stake in Eli Lilly and Company during the 1st quarter worth about $960,000. Institutional investors and hedge funds own 82.53% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on LLY shares. Cantor Fitzgerald raised their price objective on Eli Lilly and Company from $1,230.00 to $1,350.00 and gave the company an “overweight” rating in a report on Monday, July 6th. BMO Capital Markets reiterated an “outperform” rating on shares of Eli Lilly and Company in a report on Monday, June 15th. Truist Financial upped their target price on Eli Lilly and Company from $1,281.00 to $1,370.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. The Goldman Sachs Group reissued a “buy” rating and set a $1,283.00 price target on shares of Eli Lilly and Company in a research report on Friday, May 22nd. Finally, Berenberg Bank raised their price target on Eli Lilly and Company from $1,050.00 to $1,135.00 and gave the company a “hold” rating in a research note on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,283.64.

Read Our Latest Analysis on Eli Lilly and Company

Key Headlines Impacting Eli Lilly and Company

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Eli Lilly and Company Stock Performance

Shares of LLY stock opened at $1,178.01 on Monday. The company has a fifty day moving average price of $1,118.87 and a two-hundred day moving average price of $1,036.51. Eli Lilly and Company has a one year low of $623.78 and a one year high of $1,249.45. The stock has a market cap of $1.11 trillion, a P/E ratio of 41.85, a P/E/G ratio of 1.48 and a beta of 0.51. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.50 and a quick ratio of 1.10.

Eli Lilly and Company (NYSE:LLYGet Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported $8.55 earnings per share for the quarter, topping the consensus estimate of $6.97 by $1.58. The company had revenue of $19.80 billion for the quarter, compared to analyst estimates of $17.82 billion. Eli Lilly and Company had a net margin of 34.98% and a return on equity of 105.77%. Eli Lilly and Company’s revenue for the quarter was up 55.5% compared to the same quarter last year. During the same period in the previous year, the business earned $3.34 EPS. Eli Lilly and Company has set its FY 2026 guidance at 35.500-37.000 EPS. As a group, equities analysts predict that Eli Lilly and Company will post 34.55 EPS for the current year.

Eli Lilly and Company Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be given a dividend of $1.73 per share. This represents a $6.92 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, August 14th. Eli Lilly and Company’s payout ratio is 24.58%.

About Eli Lilly and Company

(Free Report)

Eli Lilly and Company (NYSE: LLY) is a global pharmaceutical company founded in 1876 and headquartered in Indianapolis, Indiana. The company researches, develops, manufactures and commercializes a broad range of medicines and therapies for patients worldwide. Eli Lilly maintains operations and commercial presence across North America, Europe, Asia and other regions, serving both developed and emerging markets. The company has been led in recent years by President and Chief Executive Officer David A.

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Institutional Ownership by Quarter for Eli Lilly and Company (NYSE:LLY)

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